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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Longwood, Business Loans > Orlando National Bank Longwood Business Loans > Funeral Homes And Funeral Services Loan | ||||
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Jacksonville, Florida Bank Loan
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Orlando National Bank Gives SBA Loan to Funeral Homes And Funeral Services CompanyFloridaSBA loans are available to Florida entrepreneurs through the SBA. In this case, a Florida bank provides the loan. This company, based in Jacksonville, Florida, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Orlando National Bank. We've got the inside scoop on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender ORLANDO NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812210 - Funeral Homes and Funeral Services Loan Approval Date 5/3/2001 Loan Approval Gross Amount $164,000 Loan Approval from the SBA Of the total $164,000 loan amount, the SBA guaranteed $123,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Orlando National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Find an SBA Lender in Longwood, Florida
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